Chip-making giants and their investors understandably like the idea of the U.S. government pitching in on a very expensive business. They should be careful what they wish for, though, as recent history has shown that growing political involvement in the sector hasn’t been cost-free. Shares of Intel and Taiwan Semiconductor Manufacturing, or TSMC, both got a lift Monday after a report over the weekend from The Wall Street Journal that the Trump administration is in talks with both companies about building more chip-fabrication...

Source: Wall Street Journal May 12, 2020 11:03 UTC